Discussion on slave refugee camps during the war. Watch American History tv tonight at 8 00 p. M. Eastern on cspan 3. This past june, facebook announced plans for its own crypto currency called libra. The cocreator of Libra David Marcus answered lawmakers concerned over the Digital Currency before the Senate Banking committee. This is about 2 1 2 hours. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks res
Hoenig and liz peek. Heres Elizabeth Warrens dire prediction, in a post she titles quote, the coming economic crash and how to stop it. Warning lights are flashing, whether its this year or next year, the odds of another economic downturn are high and growing, end quote. Warren goes on to lay out some of her own plans but ultimately calls on the president and congress to regulate the Financial Sector and reduce middle class Household Debt. So are we really on the brink of an economic crash, or is she just trying to scare people and push her own economic agenda . What do you think . David, this is an incredible example of misinformation gone wild. This piece that Elizabeth Warren put out has a whole lot of facts and statistics, none of which in the aggregate really meet the conclusion we are even close to recession. For example, i could go paragraph by paragraph. Obviously i wont. She talks about how Household Debt is at a record level. Household debt grows when the economy is growing a
Candidates are vying for Party Leadership and to succeed miss ismay as Prime Minister. Good government depends on Public Service giving full and frank advice. I want our Public Services to have the confidence to do that. And defending values and principles. The whole house mister speaker, the whole house will want to join me in sending our deepest sympathies to families and friends of families and children, the student paramedic who was killed in a Traffic Accident while on duty. This is a reminder of all Emergency Services who risk their lives on our behalf. And regarding the tragic accident last week. The Prime Minister is wearing green. When it is weaker the committee for Climate Change already reports they were going to miss the target. The policy ambition implementation fell short of what is required. What we need is policy to actually deliver. The primacy wants to leave a climate legacy so will she put forward the ban on patrol from 20142030 or earlier and when will she insure th
Good government depends on Public Service giving full and frank advice. Given a lifetime of service to the United Kingdom and we owe him an enormous debt of gratitude. Good government depends on Public Service giving full and frank advice. I want our Public Services to have the confidence to do that. And defending values and principles. The whole house mister speaker, the whole house will want to join me in sending our deepest sympathies to families and friends of families and children, the student paramedic who was killed in a Traffic Accident while on duty. This is a reminder of all Emergency Services who risk their lives on our behalf. And regarding the tragic accident last week. The Prime Minister is wearing green. When it is weaker the committee for Climate Change already reports they were going to miss the target. The policy ambition implementation fell short of what is required. What we need is policy to actually deliver. The primacy wants to leave a climate legacy so will she p
At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that markets responded better to the data for the first portion of trading in asia and europe and weve just sold off a little bit in the last few hours. As you pointed out that was just for june. Gdp for all three months it did see